Wix’s Rating Cut at RBC Capital after Q1 Results

RBC Capital Markets downgraded shares of Wix.com (WIX) to Sector Perform from Outperform following the company's first quarter results, which missed estimates. The firm also lowered the price target to $60 from $90. "WIX had a very challenging Q1 print For Newslette

RBC Capital Markets downgraded shares of Wix.com (WIX) to Sector Perform from Outperform following the company’s first quarter results, which missed estimates.

The firm also lowered the price target to $60 from $90. “WIX had a very challenging Q1 print

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